Zenith Bank offers two domiciliary accounts in Nigeria; Ordinary Domiciliary Account and Cash Domiciliary Account. In this article, I’m going to walk you through all the processes of opening Zenith Bank domiciliary Accounts in Nigeria.
If you want a bank account for money from other countries, Zenith Bank domiciliary accounts let you easily do transactions in foreign currencies, no matter where you are. You can use their dedicated debit cards, internet banking, and mobile app to send money, pay bills, and set up regular payments, without having to go to the bank in person.
Zenith Bank DOM Accounts Comparisons
| Ordinary Domiciliary Account | Cash Domiciliary Account | |
|---|---|---|
| Features & Benefits | – Internet Banking – Debit Card (USD) – Mobile Banking – Email/SMS Alertz – Standing Orders – Supports USD, GBP & EUR currencies |
– Zero opening balance – Internet Banking – Debit Card (USD) – Mobile Banking – Email/SMS Alertz – Standing Orders – Only supports USD currency – No transfers allowed (Cash in and cash out only) |
| Available Channels | – Zenith Internet Banking – ZenithDirect – 24/7 telephone banking – Zenith Mobile Banking App – 24/7 on your smartphone – Zenith Bank ATM nationwide – free cash withdrawal – Access account using Zenith Bank debit card at participating merchants for payment of goods and services in Nigeria and worldwide |
– EaZymoney – Zenith Internet Banking – ZenithDirect – 24/7 telephone banking – Zenith Mobile Banking App – 24/7 on your smartphone – Zenith Bank ATM nationwide – free cash withdrawal – Access account using Zenith Bank debit card at participating merchants for payment of goods and services in Nigeria and worldwide |
Zenith Bank Dollar Account Requirements
Here are documents required to open Ordinary Domiciliary Account with Zenith Bank:
- Account opening Form.
- Valid National ID card as a mean of Identification.
- Utility Bill as a mean of proof of address.
- One passport photograph of authorized signatories.
- Visitation Document (if you’re a foreigner).
Here are documents required to open Cash Domiciliary Account with Zenith Bank:
To open the Cash DOM account, you’ll need to fill out the account opening form. You also need one passport photo of the people allowed to sign on the account, a valid ID (like a driver’s license or passport), and a recent public utility bill (like electricity or water) from the past three months. Lastly, we’ll need a report confirming where you live.
Opening Zenith Bank Domiciliary Account
To open Zenith Bank Dollar Account, you need to visit any Zenith Bank Branch and request for DOM account opening Form. Fill out the required information and make sure you tick the DOM account type; Cash DOM Account or Ordinary DOM Account.
Once you’ve successfully filled out all the required information, proceed and submit the Form to customer care service who’s attending to you. If additional information is needed to complete the account creation, the customer representative will let you know.
Alternatively, you can download Zenith Bank Domiciliary Account Opening Form online and fill it out before you proceed to any Zenith Bank Nationwide to submit the Form for account creation. However, make sure you have all the requirement ready.
The Bottom Line
In conclusion, Zenith Bank offers two types of domiciliary accounts: the Ordinary Domiciliary Account and the Cash Domiciliary Account. The Ordinary Domiciliary Account provides convenient features such as internet banking, debit card access in USD, GBP, and EUR, as well as mobile banking and standing orders.
On the other hand, the Cash Domiciliary Account requires no opening balance and is tailored for cash transactions only, supporting USD currency exclusively. Both account types offer various channels for banking convenience, including online banking, telephone banking, mobile app access, and ATM services. Customers can choose the account type that best suits their needs and preferences for managing foreign currency transactions and cash holdings with Zenith Bank.